Governor Ron DeSantis continues to support the property insurance reforms adopted in late 2022. This is not surprising considering that following the reforms existing insurers have increased their appetites for additional policies, rate levels have moderated and started to decline, approximately 14 new companies have entered the market, and Citizens Property Insurance Corporation has seen […]
Governor Ron DeSantis has appointed state Senator Blaise Ingoglia as Florida’s Chief Financial Officer. Ingoglia succeeds Jimmy Patronis, who resigned to pursue his successful bid for a seat in the U.S. House of Representatives. With Ingoglia’s appointment, the state’s Cabinet offices are again complete. Governor DeSantis previously appointed James Uthmeier to follow Ashley Moody as […]
Florida lawmakers have not yet reached agreement on a budget proposal for the fiscal year beginning July 1 prompting a further extension of the current session until June 30. The primary responsibility of the Florida legislature each year is to adopt a state budget. The budget then is presented to the Governor for action. Although […]
The Florida House of Representatives has passed a bill seeking to unwind key provisions of the 2022 insurance reforms that have led to recent improvements in the market. The House amended Senate Bill 832 to include a so-called “prevailing party” attorneys’ fee provision despite clear statements from the Office of Insurance Regulation, the Governor and […]
The Florida legislative session began on March 4, 2025, with opening remarks from Speaker of the House Daniel Perez, Senate President Ben Albritton and Governor Ron DeSantis. The comments of Speaker Perez attracted the most attention from observers of Florida’s property insurance market. Speaker Perez generally said he wants the Florida House to focus on […]